Blastr Green Steel (Blastr) has signed a Memorandum of Understanding with INTERFER Edelstahl Group, a leading European steel trading company, for the annual supply of 150,000 tonnes of ultra-low CO₂ steel products.
It marks the second offtake agreement announced in just over a month, covering a combined 10% of the planned capacity at Blastr’s green steel plant under development at Inkoo, Finland.
Mark Bula, CEO of Blastr, said he was pleased to expand its partnership with INTERFER, one of Blastr’s shareholders, to include delivery of low-carbon steel products.
“The agreement demonstrates continued customer demand for decarbonised steel products at a market premium reflecting the need for new investments in Europe’s steel industry. It also underpins our joint commitment to enabling material climate change impact by bringing green steel to the market at scale,” he said.
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